's newfound interest in equities continues to make headlines.
Last week the DoubleLine
] chief told Bloomberg
that within a few months he could hire PM teams to launch U.S. stock funds and a long-short hedge fund. Then InvestmentNews followed up
by wondering if Gundlach would hire equity PM teams away from his old employers at TCW
For this week's issue of InvestmentNews
, the trade pub's Jason Kephart included a new, shorter version
of his original article, this time with a little less info about the TCW Carlyle deal, no comment from TCW, and a new headline, "Gundlach may be seeking equity stars at TCW."
Separately, Alexis Leondis of Bloomberg wrote
a follow-up article covering Gundlach's feelings on the stock market. Speaking at the Bloomberg Markets 50 Summit in New York, the star fixed income PM said that "equities are a superior investment to bonds for an inflation hedge."
"Equities may be challenged in the near term," Gundlach said. "But I doubt you're going to have this lost decade or lost 15 years of equities again."
Neil Anderson, Managing Editor
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